The Chinese Embassy in the US organized an event to mark the 52nd anniversary of Ping-Pong Diplomacy, invoking the historic event’s spirit to encourage enhanced wisdom and action for thawing the current stalemate in bilateral relations. Chinese Ambassador Xie Feng emphasized the need for the two sides to draw inspiration from this chapter of friendly […]
In a bid to further enhance cross-border trade and investment, China has announced plans to expand high-level opening-up initiatives by optimizing business procedures and enhancing transaction efficiency. The State Administration of Foreign Exchange (SAFE) disclosed on Friday that pilot programs for high-level opening-up policies would be extended across key regions, including Shanghai, Jiangsu, Guangdong, Beijing, […]
China released its economic indicators for November, revealing robust growth in industrial output at 6.6 percent, the fastest in nearly two years, and steady retail sales with a year-on-year increase of 10.1 percent, according to data from the National Bureau of Statistics (NBS). The positive data, attributed in part to a low base effect, indicates […]
In a groundbreaking event, China’s domestically developed C919 passenger aircraft soared over Victoria Harbour in Hong Kong on Saturday, marking the inaugural flight of a domestic commercial aircraft over the city. The spectacle garnered applause from both locals and visitors. Taking off from the airport at approximately 10:26 on Saturday morning, the C919 reached Victoria […]
China unveiled a series of encouraging economic indicators on Friday, underscoring the continued momentum of its recovery in November amid persistent challenges posed by geopolitical tensions and a slowdown in the property sector. According to data released by the National Bureau of Statistics (NBS), China’s value-added industrial output saw a year-on-year increase of 6.6 percent […]
HexoAutos Nigeria announces its emergence as the premier car marketplace, reshaping the automotive landscape with a commitment to transparency, trust, and exceptional service. More than just a marketplace, HexoAutos is your trusted partner in fulfilling automotive dreams, securing freedom, and shaping the future. Nwite Emmanuel Chukwuebuka, HexoAutos leader and founder, in addressing pressmen recently, says […]
In response to recent maritime provocations by the Philippines near Ren’ai Jiao (Ren’ai Reef) in China’s Nansha Islands, the Chinese Foreign Ministry reaffirmed on Monday its commitment to taking resolute measures to safeguard territorial sovereignty and maritime rights. This follows the intrusion of one cargo vessel, one official vessel, and two coast guard ships from […]
Amidst contentious negotiations over a potential fossil fuel phase-out plan at the COP28 climate summit in Dubai, experts are advocating for propelling the green energy transition through market forces rather than administrative directives. The focus should shift towards fostering cooperation for the development and promotion of affordable clean energy. Debates over whether to phase out […]
In November, China witnessed a decline in both consumer prices and factory prices, attributed to decreasing commodity prices. Despite concerns raised by foreign media about deflation risks, China is actively implementing policies to bolster the real estate sector amid ongoing adjustments and foster broader economic recovery in the coming year, experts have stated. According to […]
In a significant milestone for China’s private aerospace sector, the ZQ-2 Y3 rocket, developed by the privately-owned company LandSpace, successfully launched on Saturday morning from the Jiuquan Satellite Launch Center in Gansu Province. This achievement marks the second successful flight of the ZQ-2 series rocket by LandSpace, showcasing the capability of Chinese private companies in […]
